8-K 1 k98894e8vk.txt CURRENT REPORT, DATED SEPTEMBER 30, 2005 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) September 30, 2005 Trans-Industries, Inc. (Exact Name of Registrant as Specified in Charter) Delaware 0-4539 13-2598139 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.)

~~1780 Opdyke Court, Auburn Hills, MI 48326 (Address of Principal Executive Offices) (Zip Code)~~

Registrant's telephone number, including area code 248-364-0400 N/A (Former Name or Former Address, if Changed Since Last Report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On September 30, 2005, Trans-Industries, Inc. (the "Company") entered into a stock purchase agreement with Clark-Reliance Corporation ("Clark-Reliance") pursuant to which Clark-Reliance purchased 1,008,606 shares of the company's common stock , par value $0.10 per share (the "Common Stock") , at a price per share equal to $0.7436 per share. The per share purchase price was equal to the greater of the closing price of the Common Stock on the day before the purchase, the average closing price of the Common Stock for the thirty calendar day period preceding the purchase or book value. The aggregate purchase price was $750,000. The Company is obligated, pursuant to the terms of the stock purchase agreement, to grant registration rights for the Common Stock purchased under the agreement. The stock purchase under the agreement closed on September 30, 2005. Harry E. Figgie, Jr., a member of the Board of Directors of the Company, is Chairman of the Board of Clark-Reliance. Mssrs. Coenen, O'Brien and Solon, members of the Board of Directors of the Company, are also on the Board of Clark-Reliance. This summary does not purport to be complete and is subject to and qualified in its entirety by reference to the text of the stock purchase agreement which is filed as an Exhibit to this Current Report on Form 8-K and is incorporated herein by reference. ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES. As discussed above, on September 30, 2005, the Company closed a private placement pursuant to which 1,008,606 shares of Common Stock were sold to Clark-Reliance pursuant to a stock purchase agreement. The per share purchase price of $0.7436 was equal to the greater of the closing price of the Common Stock on the day before the purchase, the average closing price of the Common Stock for the thirty calendar day period preceding the purchase or book value. The Company received net proceeds from the sale to Clark-Reliance of $750,000. The proceeds of the sale will be used by the Company for working capital, financing expenses and the reduction of certain term debt held by the Company's present lender. All of the shares of Common Stock issued in the private placement were issued pursuant to an exemption from registration under Section 4(2) of the Securities Act of 1933 ("the Securities Act") and/or Regulation D under the Securities Act. ITEM 7.01 REGULATION FD DISCLOSURE. On October 5, 2005, Trans-Industries, Inc. issued a press release announcing the private sale of 1,008,606 shares of common stock at $0.7436 per share . Attached hereto and incorporated by reference is the press release relating to such announcement. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. 10.1 Stock Purchase Agreement 99.1 Press Release dated October 5, 2005 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRANS-INDUSTRIES, INC. Date October 5, 2005 By /s/ Kai Kosanke ------------------------------------- Kai Kosanke Chief Financial Officer EXHIBIT INDEX

TRANS INDUSTRIES INC 8-K